A £420,000 refinance loan from Unity Trust Bank is to fund the refurbishment of a care home for children with complex social and emotional needs.
Finance
Belgian healthcare REIT Aedifica has acquired Torsion Care’s 66-bed in Shipley, West Yorkshire in an investment worth around £8.4m. The site achieved planning consent in summer 2020 and has been sold with a development contract
European healthcare real estate investor Aedifica is investing £25m in the construction of two care homes in Corby and Wellingborough, Northamptonshire. The purpose-built 66 en-suite
Concerns over operational challenges facing elderly care home operators led to a sharp drop in investment volumes in 2020, Knight Frank has revealed. Data from the global property adviser showed elderly care property transactions fell
Specialist business property adviser Christie & Co has announced the sale of St Catherine’s House in Enfield, North London. The 14-bed home, which began providing
Target Healthcare REIT increased its portfolio value by £30m, or 4.9%, to £647.7m in the six months ended 31 December 2020. The specialist investor in
The learning disabilities sector is reaching a “crisis point”, a new report has warned, with a growing number of care providers being forced to reduce capacity to tackle persistent cost pressures. The Sector Pulse Survey,
Leading care home operator Barchester Healthcare has announced a 5.9% annual uplift in its fees to cover additional cost pressures caused by the COVID pandemic.
The Local Government and Social Care Ombudsman has found that Cornwall Council made a number of errors when assessing how much a man needed to
Leading Scottish care home provider, Balhousie Care Group, has revealed the emotional and financial toll of a year of living with COVID. The care group said the impact of the pandemic on staff, residents and
